St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-13
THE COMMERCIAL H. I'D.
Pork Was in Demand On the Chicago
Board of Trade Yesterday
Morning.
cnly Fractional Fluctuations Apparent
in the Prices for Wheat
AMI Corn.
Transactions in The Financial Circles
of Wall Street.-The General
Quotations.
special to the Globe.

Spec1al 10 tne GlODe.
CHICAGO. Dec 12.-Wheat and corn opened
with moderate display of surface firmness'
and disposition to buy in small way man.
ifest, but the same bearish influences mat
were at work Saturday worked change IN
sentiment and values soon began to settle
from s47sc, May wheat sold down to e4l2c,
and May corn, after advancing to 54l2c, broke
to 53ssc Both cereals rallied somewhat.
and an undertone of considerable strength
deyeloped The bearish feeling i'll wheat IS
based on the subsistence of the bull fever on
the outside and on expectations OF large
increase in the visible supply. The forward
movement in the Northwest is on the IN
crease. Heavy receipts of corn are weaken
ing that cereal. Arrivals for to-day were 4ol
cars. or 100 above estimates, and receipts 1or
tomorrow are estimated at SEQ cars. Llght
receipts and light speculative offerings gave
the scalpers a chance to bull provisions to-
dav. The changes in the visible supply proved
10 be as follows; Wheat 1,143.2OS bu i'll
crease; corn 263, 127 bu decrease; oats 49,
5S7 bu decrease; rye. 1882 bu increase;
barley ). 27l bu decrease. Wheat shows an
increase in local stores of about 100000 bu
and cats decrease of about 100000 Du.
The above exhibit was that the travelling
crowd waited for, and when ii was III, opera
lions were resumed. The pressure from the
top proved too great for supporting power 10
successfully meet, and the downward OMIT
in grain continued with little check until the
end
WHEAT CABLES WE'RE RATHER WEAK
to-day, both public and private, and the for
eigners are quick to detect the change in
speculative sentiment on this side and lend
their influence TO help prices down. Their
interest lie that way. There is good ship
ping demand for cork at the decline, so the
shippers say, with a notable scarcity
of The contract grade. the spec
ulative market does not display
the emptiness that was wont TO characterize
il, and the tendency seems TO be distinctly
downward. Gagged by Saturdays closings,
wheat and corn lost about lie to-day. There
was large trade in the pit most Of the time,
but as values shrink the market narroWs.
Provisions alone, of all the speculative arti-
cles, refuse 10 give way. The provision deal
is becoming inexplicable to the wise men OF
the floor, and the aforementioned wise
men, the ''old Observers 1.-THE shrewd
broker, etc, are nonplussed. At the after
noon session wheat and corn were slightly
lower Provisions steady. 2:30 p. III. prices:
Wheat-December, 96Isc: January, T64sc;
February, 77Ssc; May, S3Ssc. Corn-Decem-
Der, 1850; January. 4Sssc: February, 4s34c;
May. 5334@537sc. Oats-December, 3GsSc;
January, 3OAc; February, Bose; May, 3314c.
Pork-January, SLATE; February, S14.90;
May, S15.30. Lard-December, $40; JAN
uary. s7.45; February, S7.52l2; March,
S7.65l2; May. S7.92l2. Ribs-January.S7 60;
February, $40; March, S7.77l2; May,
$7.97I2.
CHICAGO, Dec 12-Light arrivals of hogs
and their poor quality made pork very strong
at the opening of change to-day. The May
option opened at S15.25, advancing immeGl-
ately to S15.35. Saturdays close was at
SI522I2. Between $50 and 1890 O'Clock
it dropped to Sl5.11l2 and advanced TO
So. 27I3. and before noon it sold up to
SI5 80 under heavy buying orders May corn
opened unchanged al 5394c, and sold 10 54lsc
in the first fifteen minutes, but soon dropped
back to the opening figures. There was an
immense demand for it al 53s5c, ana II kept
up around sic during the morning. May
wheat opened unchanged from Saturday at
S434c 1t sold down 10 S15sc. up TO S47sc
and dropped back to SAFE by 1880 O'Clock.
When the visible supply figures came out it
Sic At 1880 it was steady at S1i5c, but
after this came sharp selling. and May wheat
sold down 10 S3s4c and May corn TO 535sc.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat No. 2-December, 77Ac, closing at
76lsc: January, 7734c closing at 16$sc: Feb
ruary 7SSsc. closing at 777Ssc; May, S4S4c,
closing at S35sc COrn-No. . December,
4SIac closing at 4SSsc; January, 4S5sc. clos
ing at 4S5sc; February, 49lsc. closing at
4S34c: May, 5S34c. closing at 53S4c. Oats
No. December 30l2c, closing at 30SSc:
January, SOC, closing at 3014c; February
closed at 81 Ssc; May. 33c, closing at 33l4c.
Mess Pork per bbl-January. SD. 12l :, closing
at S1477la; February, Sl4e5, closing at
S1490; May, Sl5.25, closing at Sl5.30. Lard
per loo lbs-January, s. 30, closing AT s.. 10;
March. $50, closing. at S7.62l2; May,
100 lbs-January, S7.55, closing at $3.50;
February. S762l2, closing at $40;
March, S7.T7le, closing at SITE;
May, S792I2, closing at S7.97l2:
Cash quotations were as follows; Flour
Quiet and steady; prices quotably ur-
changed. Wheat-No. spring, 76Isd 7SI4c;
No. spring. 66e. Corn-No. .. 4S$sc. Oats
No. = 30I2c. Rye-No. =, Gle. Barley,
No. =, 72676c. Flax Seed-No. l, S1.24Ie61
125. Timothy Seed-Prime. 81. 30Q2.3I.
Mess pork, per Dbl. Sl450014.75. Lard,
per 100 lbs S730@7.35. Short ribs QoOsel,
1886. Dry sailed shoulders (bOXed), s. 80
$3.50. Short clear sides tboXed), $3.50
$50. Whisky-Distillers finished goods,
per gal. Ito. Sugars-Cut loaf, 734@ Size;
granulated, &c; standard A &c. Re
ceipts-Flour $4,000 bbls: wheat, 10000
bu: corn, 2n5, 600 bu: oats III, 900 bu; rye.
Flour. 80, 900 bbls; wheat %, 600 bu: corn.
$4,000 bu; oats, 90, 000 bu; rye, 5000 bu;
barley, 1900 bu. On the produce eX
change today the butter market was easy
and firm: fancy creamery, 29Q30c; dairy,
25m2 Eggs Ola DE